United Spirits Limited
HDFC Mutual Fund increased its stake in United Spirits Limited to 31,536,466 shares, representing 4.34% of the company. Previously, their holding was 29,211,422 shares or 4.02%. This indicates a purchase of 2,325,044 shares. The current market price of United Spirits is ₹1555.00 per share.
India's leading beverage alcohol company, United Spirits manufactures, sells, and distributes a diverse portfolio of premium spirits brands including Johnnie Walker, McDowell's No.1, Smirnoff, Black Dog, and Captain Morgan. A subsidiary of global leader Diageo PLC, the company holds a commanding position in the domestic spirits market through its extensive distribution network, established brand recognition, and vertically integrated operations across production and retail channels.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.